Collaboration between banks and fintechs can bring faster speeds to the international payments space
Collaboration has driven considerable innovation in the international payments market in recent years.
UniCredit
Swift launches low-value payments service Swift Go
Payments network aims to make things easier for small businesses.
2020 review: Top 10 fintech and bank M&A deals
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
UniCredit CEO to step down in 2021
Jean Pierre Mustier calls it quits after butting heads with board.
UniCredit teams with fintech Taulia to boost trade finance capacity
The fintech will allow the bank to serve more clients in and outside of Europe.
Meniga lands $9.4m from Groupe BPCE, UniCredit and Crédito Agrícola
Groupe BPCE has been one of Meniga’s largest customers since 2018.
UniCredit finds two new partners in Tel Aviv’s PayKey and equensWorldline
PayKey is a social app payments integrator, and equensWorldline a pan-European payments processor.
UniCredit outlines 6,000 job cuts and 450 branch closures in cost-cutting plan
Italian bank kicks off its three-year plan.
Italy’s largest bank UniCredit to cut 8,000 jobs by 2023 to reward shareholders
The bank wants to reach a 2023 revenue target of €19.3 billion.
UniCredit reports data breach affecting three million accounts
The data leak stems from a four-year old file.
Sibos 2019: Embracing payments change will keep banks in fintech race
Schemes like Request to Pay will change the game, says panel.
UniCredit enhances invoicing service with FinDynamic partnership
The fintech offers ‘dynamic discounting’.
Joining the dots: the evolution of correspondent banking
Assessing the potential benefits of joining several digital platforms to form a “network of networks”.
European banks sign up to gpi trial on TIPS
Designed to smoothen out real-time payments in Europe.
UniCredit on edge of tomorrow with new innovation team
Advisory board blends internal and external specialists.
Axyon AI bags €1.3m from European banks
UniCredit and ING Ventures are keen investors and partners.
UniCredit to launch new customer engagement tool from Meniga
Prototype has now been built and will go live in two months in Serbia.
Top fintech stories this week – 3 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
We.trade’s first international blockchain transaction made by UniCredit
A retailer-to-retailer transaction between Germany and Spain.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UniCredit invests €3.1m in Meniga
The biggest personal finance management (PFM) deal in Europe to date.
Buddybank finally opens for business
Smartphone-only bank was slated to open its doors in early 2017.
Top fintech stories this week – 28 July 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Italy’s largest bank UniCredit gets hacked
Italy’s largest bank UniCredit has been the victim of a security breach due to unauthorised access through an Italian third-party provider to customer data – with up to 400,000 customers potentially affected. The incident is confined to Italy and relates to personal loans only. The bank says a first breach seems to have occurred in […]
UniCredit and SIA bring Alipay to Italy
The agreement between Alipay and UniCredit has now entered the operational stage. Technological infrastructure for this has been provided by SIA.
Seven European banks join forces for blockchain platform for SMEs
Seven European banks – Deutsche Bank, HSBC, Natixis, KBC, Rabobank, Société Générale and UniCredit – have agreed in principle to develop a blockchain-based shared platform for domestic and international commerce for SMEs.
Top ten payments projects in 2016
Look back at some of the major payments projects in 2016, with Banking Technology’s top ten.
UniCredit to cut 14,000 jobs
Italy’s largest bank UniCredit plans to raise €13 billion and axe 14,000 jobs over the next two years as it looks to get its finances in order. Along with the job cuts, which amount to about 11% of its workforce, UniCredit will shut down about 25% of its 3,800 branches. It also aims to use […]
Alipay partners with major European banks and payment provider
Alipay, one of the world’s largest online and mobile payment platforms, has inked deals with BNP Paribas, Barclays, UniCredit, and SIX Payment Services to drive the European expansion.
Unicredit to launch smartphone-only bank in Italy
UniCredit will launch “Buddybank”, a bank project exclusively designed for smartphones, in early 2017 in Italy. Buddybank will offer current accounts, credit/debit cards and “contextual” and instant personal loans, as well as a 24/7 concierge service, accessible via chat and phone, that “can help with everyday tasks such as restaurant reservations, taxi booking and travel […]
Commerzbank and UniCredit complete first BPO live transaction in UK
Commerzbank London and UniCredit have “successfully” processed the first UK Bank Payment Obligation (BPO) live transaction. The banks say with the backing of the ICC Banking Commission and Swift, there has been a “growing demand for, and an increasing number of”, BPO transactions, as a “proven” digital settlement tool. Raphael Barisaac, global head of trade […]
SIA buys e-money processing unit of Unicredit
Unicredit is selling its e-money processing unit to payments vendor SIA. The unit – part of Unicredit Business Integrated Solutions (UBIS) – processes around 13.5 million payment cards and manages 206,000 POS terminals and 12,000 ATMs in Italy, Germany and Austria. SIA has also got a ten-year outsourcing contract from UBIS for the supply of […]
Italy’s FinecoBank to expand to UK
The UK’s challenger bank sector is set to gain another player. Unicredit’s subsidiary, FinecoBank, is coming to the UK this autumn, according to City AM. FinecoBank has been around since the late 1990s and today has over 1.1 million clients in its home market of Italy and €55 billion of assets. Alessandro Foti, CEO and […]
Top fintech stories this week – 17 June 2016
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! UniCredit and Open Bank Project launch fintech start-up competition Top prize is €50,000 and a contract to work with UniCredit. BBA to merge with three trade associations to create major industry body British Bankers Association (BBA), Council of […]
UniCredit and Open Bank Project launch fintech start-up competition
UniCredit and Open Bank Project, an open source API and app store for banks, invite fintech developers and start-ups to take part in its Appathon competition. The 2016 Appathon is driven by the Open Bank Project API, developed by the Berlin-based Tesobe Ltd/Open Bank Project. Ten companies will be selected to demo their products in […]
UniCredit to unify global transaction business on one platform
Italian banking heavyweight, UniCredit, is working on standardising its global transaction business (GTB) on one platform, underpinned by D+H’s Global PayPlus (GPP) system. GPP is supplied by D+H’s Global Transaction Banking Solution (GTBS) unit, formerly known as Fundtech. UniCredit’s GTB business covers 17 countries – the bank has accrued it via an aggressive M&A strategy […]
The value of SEPA beyond the SEPA-zone
The work corporates are doing to streamline cash management processes should not end with SEPA implementation, says. Indeed, the principles and ideas underpinning SEPA can inform progress even in the most challenging markets.
Comarch launches UK host-to-host banking for corporates
Polish IT specialist Comarch has launched a host-to-host banking solution designed to allow corporates to issue bank instructions directly from their enterprise resource planning software.
UniCredit plans mobile payments play with First Data
European commercial bank UniCredit has chosen payment processing company First Data Corporation to help it pursue its mobile payments plans.
Ukraine’s Ukrsotsbank turns to Fiserv for cash management
Ukraine’s UniCredit ‘Ukrsotsbank’ has chosen US technology firm Fiserv to provide its Integrated Currency Manager tool, which the bank will use to improve its supply chain management and make better use of its available resources.
